by AIP Online Bureau | Mar 6, 2019 | International News
LONDON: Aon plc has said it has dropped its earlier plans to acquire Willis Towers Watson According to Aon, consistent with Aon's stated focus on return on invested capital the firm regularly evaluates a variety of potential opportunities within...
by AIP Online Bureau | Mar 6, 2019 | International News, Non-Life, Reinsurance, Risk Management
London: Aon, the second largest global insurance broking giant has confirmed that a takeover of its competitor and third largest insurance broker Willis Towers Watson (WTW) is under consideration. The acquisition of WTW could make Aon the largest broker in the...
by AIP Online Bureau | Mar 6, 2019 | Indian News, Non-Life, Regulation
Mumbai: The insurance regulator IRDAI has ruled out dismantling the third party motor tariff system, which is still regulated by the the insurance regulator in the post detariffication period. IRDA way back in 2007 had deregulated the pricing of the...
by AIP Online Bureau | Mar 6, 2019 | Indian News, Life, Non-Life, Regulation
Hyderabad: Coming down heavily against the insurers, the insurance regulator IRDAI n Tuesday has directed them to submit data pertaining to compliance of awards passed against them by Insurance Ombudsman. According to TS Naik, general...
by AIP Online Bureau | Mar 6, 2019 | International News, Non-Life, Reinsurance, Risk Management, Technology
London: Aon plc is partnering with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and ultra-large container...
